World Kinect Corporation Price & Performance (WKC)

Motorists in the Philippines will see fuel prices rise by as much as P1.35 per liter starting April 22. The increase follows last week’s significant rollbacks and is attributed to tightened global supply, new US sanctions on Iran, and output cuts by OPEC+. Both gasoline and diesel are affected.12

Flexsteel Industries reported third-quarter net sales of $114 million, up 6.3% year-on-year, driven by increased unit volume and improved cost leverage. Gross margin rose to 22.2%. The company also completed a property sale and expects Q4 sales growth between -2% and 5%, with operating margins up to 7.3%.3

World Fuel Services Corp. opened Monday trading at $23.41, down 1.27% from the previous close. Despite the recent dip, analysts maintain a consensus 'buy' rating, with a median price target of $27.75. The company’s robust fundamentals and moderate debt levels support continued investor confidence.45